Cotton Panic over Omicron and Withdrawal of Horse Protection Act

Cotton Panic over Omicron and Withdrawal of Horse Protection Act

Bob Larson
Bob Larson
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**Uncertainty and panic over the OMICRON variant caused the cotton market, along with many other commodities, to drop significantly in price in recent weeks.

Last week, according to www.morningagclips,com, cotton began to stabilize and try to “correct” to the possible over-reaction in prices.

The “slide” halted on Dec 3rd and since then has gained 289 points, 2.89 cents, including a small, 13 points Friday on March futures.

**USDA's Food Safety and Inspection service seeks proposals from poultry processors for pilot projects that will test different control strategies for Salmonella contamination.

FSIS, in last week’s constituent update, said participating processors will experiment with new or existing pathogen control and measurement strategies and share data collected during the pilots.

The data will be analyzed to determine whether it supports changes to FSIS existing Salmonella control strategies.

The agency announced in October it would be mobilizing a stronger and more comprehensive effort to reduce Salmonella illnesses associated with poultry products.

**USDA's Animal and Plant Health Inspection Service announced the withdrawal of a 2016 proposed rule that would have amended the Horse Protection Act regulations.

APHIS is making the development of a new and improved proposal a top regulatory priority.

The action allows the agency to evaluate and consider more recent findings and research and incorporate the information into a new proposed rule.

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